McCoist - I’ve taken a pay cut and so have my staff

[BrahimHemdani 1]

Still a choice. McCoist isn't in need of cash I am pretty sure, and he would also get plenty of TV offers if he left

 

With that belly and rapidly receding hairline?

 

Seriously, you're probably correct; but as for Durrant and McDowall, well McDowall maybe somewhere but Durrant?

[Zappa 0]

If the management team has agreed to pay cuts, then the directors can scrap their bonuses too....

[BrahimHemdani 1]

If the management team has agreed to pay cuts, then the directors can scrap their bonuses too....

 

If Brian Stockbridge (and anyone else) who took a bonus for us winning the 3rd Division had any grace or judgement he would hand back his bonus.

 

It would be a smart thing to do right now in his position.

 

In fact it is something that the SOS should consider campaigning for because it is much more likely to succeed at this point in time than "scrap the board".

[Frankie 8,148]

Just said on the other thread that I think it's a PR option open to the board to return their bonus. I'd be more surprised if they didn't do this ahead of the AGM but I guess if they do then that suggests they were wrong in the first place.

 

It will be interesting to see who was paid what and if any individual has the integrity to hand back their slice of any bonus pot. That includes the likes of Malcolm Murray and Walter Smith.

[the gunslinger 3,366]

this lot came in for money and won't be handing any back.

[ian1964 10,409]

Directors' responsibilities

 

As a director of a limited company, the law says you must:

 

try to make the company a success, using your skills, experience and judgment

follow the company’s rules, shown in its articles of association

make decisions for the benefit of the company, not yourself

tell other shareholders if you might personally benefit from a transaction the company makes

keep company records and report changes to Companies House and HM Revenue & Customs

make sure the company’s accounts are a ‘true and fair view’ of the business’ finances

register for Self Assessment and send a personal Self Assessment tax return every year

 

You can ask other people to manage some of these things day-to-day. For example, an accountant can manage your accounts for you - but you’re still legally responsible for them.

 

https://www.gov.uk/running-a-limited-company/directors-responsibilities

[BrahimHemdani 1]

Directors' responsibilities

 

As a director of a limited company, the law says you must:

 

try to make the company a success, using your skills, experience and judgment

follow the company’s rules, shown in its articles of association

make decisions for the benefit of the company, not yourself

tell other shareholders if you might personally benefit from a transaction the company makes

keep company records and report changes to Companies House and HM Revenue & Customs

make sure the company’s accounts are a ‘true and fair view’ of the business’ finances

register for Self Assessment and send a personal Self Assessment tax return every year

 

You can ask other people to manage some of these things day-to-day. For example, an accountant can manage your accounts for you - but you’re still legally responsible for them.

 

https://www.gov.uk/running-a-limited-company/directors-responsibilities

 

And it's a criminal offence to fail in any of these duties.

[RANGERRAB 3,254]

Directors' responsibilities

 

As a director of a limited company, the law says you must:

 

try to make the company a success, using your skills, experience and judgment

follow the company’s rules, shown in its articles of association

make decisions for the benefit of the company, not yourself

tell other shareholders if you might personally benefit from a transaction the company makes

keep company records and report changes to Companies House and HM Revenue & Customs

make sure the company’s accounts are a ‘true and fair view’ of the business’ finances

register for Self Assessment and send a personal Self Assessment tax return every year

 

You can ask other people to manage some of these things day-to-day. For example, an accountant can manage your accounts for you - but you’re still legally responsible for them.

 

https://www.gov.uk/running-a-limited-company/directors-responsibilities

 

did every SPL club director break the law then when they voted Rangers out of the SPL ?

if they've to 'make decisions for the benefit of the company' then voting Rangers out led to reduced revenue which will get worse as the new SPFL hasn't got a sponsor. Neither has the LC

[craig 5,195]

did every SPL club director break the law then when they voted Rangers out of the SPL ?

if they've to 'make decisions for the benefit of the company' then voting Rangers out led to reduced revenue which will get worse as the new SPFL hasn't got a sponsor. Neither has the LC

 

Not really as their own fans gave them assurances they would make up the deficit.

[RANGERRAB 3,254]

Not really as their own fans gave them assurances they would make up the deficit.

 

and did they honour these assurances ? motherwell supporters didn't. They finished last season on the supporters trust's overdraft.

others just give away thousands of free tickets to massage their attendances.

Edited September 29, 2013 by RANGERRAB